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StandX Begins Wind-Down, Ends Yield Payments and Rules Out a Token

StandX Begins Wind-Down, Ends Yield Payments and Rules Out a Token

Photo: TokenPost

StandX has begun winding down, stopped all yield payments on Oct. 15 and ruled out issuing a token, giving users deadlines to reduce perpetual positions and withdraw DUSD. The platform will distribute DUSD once with no lockup period. The payout will use remaining project revenue and additional team funding. Claims open Oct. 31, 2026, at 8 p.m. ET (Nov. 1 at 00:00 UTC) and close Dec. 31 at 3 a.m. ET (08:00 UTC). Perpetual contracts switch to reduce-only mode on Oct. 20, so traders can shrink or close positions but cannot add to them. On Jan.

Source: TokenPost

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